VEU vs. USD=X
VEU (Vanguard FTSE All-World ex-US ETF) is Foreign Large Cap Equities fund tracking the FTSE All-World ex US Index, while USD=X (USD Cash) is a currency. Over the past 10 years, VEU returned 10.41%/yr vs 0.00%/yr for USD=X.
Performance
VEU vs. USD=X - Performance Comparison
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Returns By Period
VEU
- 1D
- 0.40%
- 1M
- 3.43%
- YTD
- 14.08%
- 6M
- 15.91%
- 1Y
- 30.59%
- 3Y*
- 18.67%
- 5Y*
- 8.56%
- 10Y*
- 10.41%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
VEU vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEU Vanguard FTSE All-World ex-US ETF | 14.08% | 32.35% | 5.56% | 15.84% | -15.58% | 8.27% | 11.10% | 21.83% | -14.18% | 27.40% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
VEU vs. USD=X — Risk / Return Rank
VEU
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VEU vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World ex-US ETF (VEU) and USD Cash (USD=X). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VEU | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | — | — |
| Martin ratioReturn relative to average drawdown | 9.70 | — | — |
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Drawdowns
VEU vs. USD=X - Drawdown Comparison
The maximum VEU drawdown since its inception was -61.52%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VEU and USD=X.
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Drawdown Indicators
| VEU | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.52% | 0.00% | -61.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | 0.00% | -11.43% |
Max Drawdown (3Y)Largest decline over 3 years | -13.69% | 0.00% | -13.69% |
Max Drawdown (5Y)Largest decline over 5 years | -29.14% | 0.00% | -29.14% |
Max Drawdown (10Y)Largest decline over 10 years | -34.98% | 0.00% | -34.98% |
Current DrawdownCurrent decline from peak | -1.42% | 0.00% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -13.12% | 0.00% | -13.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 0.00% | +2.99% |
Volatility
VEU vs. USD=X - Volatility Comparison
Vanguard FTSE All-World ex-US ETF (VEU) has a higher volatility of 6.77% compared to USD Cash (USD=X) at 0.00%. This indicates that VEU's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEU | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.77% | 0.00% | +6.77% |
Volatility (6M)Calculated over the trailing 6-month period | 14.06% | 0.00% | +14.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.18% | 0.00% | +16.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 0.00% | +16.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.25% | 0.00% | +17.25% |
Frequently Asked Questions
VEU has higher volatility (6.77%) compared to USD=X (0.00%). In terms of maximum drawdown, VEU dropped -61.52% vs USD=X's 0.00%.
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